El Rancho Unified reports $5.36 million interim gap, board directs enrollment review
District fiscal staff presented a first interim report showing a projected $5.364 million draw on committed funds and recommended a fiscal-stabilization approach; trustees asked for more data, approved outreach and a roadshow, and directed creation of an enrollment-focused committee to address declining attendance.
The full story
Lillian Huntenberg, the district's director of fiscal services, told the El Rancho Unified School District Board of Education that the first interim report for fiscal year 2024'25 shows a "positive certification" but includes a projected $5,364,000 reduction in unrestricted fund balance that the district plans to absorb using committed funds.
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